​Bankruptcy Attorney North Salt Lake UT 801-676-7308 Will Bankruptcy Court take my car? chapter 9

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  • 2016-9-23
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​ http://www.UtahBankruptcyOnline.com  Utah Chapter 13 Bankruptcy Lawyer Answers the Question: Will I lose my truck if I apply for Bankruptcy?  The reality is it depends.
 
If your car is repaid and you file a chapter 7 instance, your car needs to deserve much less than $3,000 (public auction worth) and you can keep your auto. If you as well as a spouse file a chapter 7 instance together, your automobile needs to deserve much less than $6,000 (auction value) as well as you can maintain your vehicle. The $3,000 amount is the "car exception" which is the Utah state law that permits you to keep your vehicle in bankruptcy.
 
What happens if your car deserves even more compared to that? It depends. If the Chapter 7 Trustee appointed to your instance believes that they can get at least $2,000 or more from your automobile, after that they will have you take it to Erklens and Olsen in Salt Lake City, Utah as well as have your automobile assessed. The Trustee will generally offer you the choice to purchase the auto back from the bankruptcy estate if you intend to. Call me to discuss your particular case.
 
If you want the best bankruptcy attorney in Utah Pick up the phone and dial 801-676-5506 The office : 8833 So. Redwood Rd, West Jordon, Utah 84088
 
The Absolute Best chptr 11 bankruptcyAttorney in South Jordan UT is here to assist you in your lonely case. Let me know if you found this video useful.
 
This video is for you if you need to know who is the best bankruptcy law firm in Provo Utah and how to contact him.
 
#JimBalmforth  This applies to you if you live in South Jordan, Bingham Canyon, Pepperwood, Cottonwood Heights, Salt Lake City, Sandy, Taylorsville, Midvale, Riverton, Draper, Copperton, West Jordan, Magna, Alpine, Lehi, Tooele, Murray City, North Salt Lake, Bountiful, Woods Cross, Lindon, Centerville, Orem, Park City, Farmington, Provo, West Valley City, Sandy City, West Jordan, Kaysville, Layton, Syracuse, Clearfield, Hill AFB, or Grantsville.
 
Will I Lose My Car If I File Bankruptcy?
Will I Lose My Car If I File Bankruptcy?
Will I Lose My Car If I File Bankruptcy?